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First published during the 2016 to 2019 May Conservative government
The CMA investigated the payday lending market and has published its final order.
Letter to Shelby Finance Limited about its non-compliance with Part 4 of the Payday Lending Market Investigation Order 2015, relating to the provision of summary of borrowing statements.
The revised Codes of Practice were published by the four Trade Associations which represent over 90 per cent of the payday and short-term loan…
First published during the 2010 to 2015 Conservative and Liberal Democrat coalition government
Following CMA action, payday lender Shelby Finance has written off loans and apologised to customers after not providing them with important information.
Government is seeking feedback on how the payday industry meets the standards set out in the voluntary codes.
Findings from a government survey have found that payday lenders are not fully complying with industry standards brought in last year
Payday lenders could face new restrictions on how they advertise and a new code of practice under fresh plans announced today
Government Ministers and regulators meet with payday lenders and consumer groups to discuss concerns about payday lending
New evidence shows that problems in the industry are harming consumers
A lack of price competition means that payday loan customers may be paying too much for their loans, according to provisional findings from the Competition and Markets Authority (CMA).
Following intensive discussions with the Government, the four Trade Associations representing over 90 per cent of the payday and short-term …
Comprehensive review into tackling late payments for small businesses announced by Business Secretary.
First published during the 2022 to 2024 Sunak Conservative government
New payday lending rules put consumers first, explains Economic Secretary to the Treasury Sajid Javid.
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